Timonrosso

Anglo American PLatinum setting for upside potential to R1,644

Long
JSE:AMS   ANGLO AMERICAN PLAT LTD
Potential Cup and Handle is forming on the daily.
We are seeing higher lows form and the supply side is dwindling.
Once we get a break above the brim level, it'll be all systems go.
7>21
Price <200 - Bearish
RSI>50 -bullish
Target R1,644.61

SMC:
Sell Side Liquidity order block has formed below the formation. Each time the price touches, it runs up. That's because Smart Money comes in sweeps the selling from (Shorters) and long traders who gets stopped. They buy into the orders, which push the price up.

This gives bullish bias.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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